ISAC post assesment questionaire

Which of the following are campus based finacial aid programs

FSEOG and Federal work study

The Map grant is an example of which type of funding?

A program in which public funds are set aside for a specific purpose

Which data elements are required on the FASFA and the alt app

Records of income and investments and list colleges

When creating student aid gov account what should a student do if their name does not fit in the space provided?

Enter as much as they can

which of the following circumstances would a dependent

student not be elgible to receive the MAP Grant:

their parent whose information is used on the FAFSA is not an Illinois resident, if they exceed family income/SAI limits, or if they miss the state application deadline or all of the above

If a federal student loan borrower is on the Standard

Repayment Plan, how many payments will it take until the

loan is fully paid off?

120

AFter a student submits the Alternative Application for Illinois Financial Aid, the selected colleges receive the student's

ALterante appplication student reccord

The most common type of tax transcript requested for FAFSA verification i

IRS Tax Return Transcript

After a student submits the Alternative Application for Illinois Financial Aid, what document does the school receive from ISAC?

Alternative Application Student Record

Schools confirm accurate data reported on the Free Application for Federal Student Aid (FAFSA) using a federal compliance procedure called

financial aid verification.

The alt app is used for which grant?

MAP grant

The alt app is used for which grant?

Map grant

how does a student provide the affidavit that is needed to meet rise eligibility criteria

a student typically signs the certification and agreement statement directly embedded within the Alternative Application for Illinois Financial Aid

Adjustments can be made to a student’s FAFSA or

Alternative Application or financial aid offer to account for a

special or unusual circumstances based on

Adequate documentation/Professional judgment

What is the process used by schools to confirm the

accurate data reported on the FAFSA/Alternative

Application?

Verficiation

How can a student make a correction to a FAFSA that has

already been processed? (Select all that apply)

3 Through FAFSA on the Web ( 1pt ),

3 In-person at the financial aid office

Correcting and submitting paper

Which of the following statements are true about students

and/or parents who do not provide consent to transfer their

tax information through the Direct Data Exchange (DDX)?

They will be ineligible for federal student aid ( 1pt ),

The application will likely take longer to complet

Need to enter tax info manually

The Alternative Application for Illinois Financial Aid is used

to apply for which grant?

Map grant

Which of the following is true regarding the school

selection process on the Alternative Application? (select all

that apply)

Students can only send their application to Illinois

MAP approved schools

They can only accept 10 schools

How does a student provide the affidavit that is needed to

meet the RISE Act eligibility criteria?

THe affidavit is in the application

A student is considered dependent for FAFSA/Alternative

Application purposes (unless they answer yes to one of

the dependency questions) until what age?

24

A student is considered dependent for FAFSA/Alternative

Application purposes (unless they answer yes to one of

the dependency questions) until what age?

24

An unaccompanied homeless youth must have which type

of documentation from an approved source for purposes of

the FAFSA?

Determination letter

do not have a standard format, but most

include similar information about the student’s financial aid

package.

Finacial aid offers

Q49

Which of the following does a financial aid administrator

use to decide the best combination of aid to meet a

student’s financial need? (Select all that apply)

Staturtory and regulatroy policy and insiutional

What is the purpose of a Data Release Number (DRN)?

It helps colleges to locate a student’s FAFSA/ISIR

record

Garnishment of wages, loss of eligibility for Federal

Student Aid (FSA) and loss of certain professional licenses

can all be consequences of?

Default

Alfred, an 18-year old, dependent student has a Uniform

Gifts to Minors Act (UGMA). Where would he report the

UGMA on the FASFA

Student investment section

What is the limit of Monetary Award Program (MAP) paid

credit hours that an undergraduate student can use in

Illinois?

135

Which of the following is not one of the dependency

questions listed on the FAFSA/Alternative Application?

Does anyone claim you as dependent on taxes

Q58

Which of the following students would not be considered

independent for purposes of the FAFSA?

A Member of the National Guard on active duty for

training purposes

Which of the following is not one of the pre-screening

questions on the Alternative Application for Illinois Financial

Aid?

Does anyone claim you as a dependent on your taxes

ow should a student with DACA status answer the

citizenship question on the FAFSA?

No im not a citizen or eligible non citizen

Which of the following types of financial aid would not

appear on a student's FAFSA Submission Summary?

3

( 1pt ),

Federal Supplemental Educational Opportunity

Grant (FSEOG)

* Federal Work-Study (FWS

and map

Which of the following is reported on the FAFSA/Alternative

Application? (select all that apply

Net worth of real estate, not including the home in

which you live

3 Adjusted Gross Income (AGI)

Student citizenship

How long is the teaching commitment for the Teachers of

Illinois Scholarship?

1 to 1 ratio

Q82

How does a dependent student establish Illinois

residency?

The parent makes Illinois their fixed and

permanent home

Which of the following statements about how the Pell Grant

is calculated are true? (select all that apply)

The calculation uses family size, income, and the

federal poverty guidelines to award max and min Pell

3

( 1pt )

If a student does not receive a Pell amount from the

calculation, they are not eligible

Your college subtracts your SAI from the maximum award and adjusts the final payout based on your enrollment status and course loadYour college subtracts your SAI from the maximum award and adjusts the final payout based on your enrollment status and course load

In Illinois, undocumented/DACA students may be eligible

for which types of aid? (select all that apply)

2/2 pts

3 State financial aid ( 1pt ),

3 Institutional/private aid

Which of the following is not an official immigrant status?

DACA

What number do Individual Taxpayer Identification

Numbers (ITINs) start with?

9

Which of the following is true about the Alternative

Application for Illinois Financial Aid?

Students and parents will have their own pin and it will be generate via ISAC and pin is needed every time you renew the alt app.

Where can a student use the Illinois Special Education

Teacher Tuition Waiver (SETTW)?

Any campus 2 year or 4 year campus in Illinois

What is the maximum Pell grant award for the 2026-27

school year?

7395

If a dependent student has a trust fund they can’t use until

age 30, how should it be reported on the FAFSA or

Alternative Application?

Yes and as asset